Examlex
Compared to 1968,in 2008 income distribution would be considered
Random Variable
A variable that can take on different numerical values based on the outcome of a random event.
Discrete
A term describing any set of data that can only take on specific, distinct values and cannot be subdivided meaningfully, such as countable items.
Continuous
Pertains to quantities that can assume an infinite number of values within a given range.
Categorical
Describes variables that can take on one of a limited and usually fixed number of possible values, assigning each individual or other unit of observation to a particular group or nominal category.
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